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NIFTY TIPS FOR 9th DECEMBER

NIFTY  PREDICTION 9 Dec. :- First of all spot nifty should sustain 5910, above that, the next target is 5920-5950 (crossover hurdle is also at 5950). if spot nifty able to cross 5950 then you can see 5980-6010-6040. 5880 is a strong support of nifty, breaking which spot nifty can go as such: 5850-5830, below 5830 a panic selling can bring nifty down to 5815-5785-5750. secondly now whatever you buy (including the above mentioned stocks), should buy on the basis of delivery and come out when you make profit in intraday. best strategy for all other stocks to buy in dips and sell in rise. keep an eye on "ruchisoya" - as the stock may bounce tomorrow and can reach up to 105 in intraday. now it is advisable that till end dec. 2010, you should not over trade and everything you should buy in small quantity and keep some money for averaging in case of drastic accidental fall.

Nifty   Levels  for  9  December

   PIVOT    SUPPORT  1  SUPPORT  2    RESISTANCE 1   RESISTANCE 2
    5914            5868                 5833                     5950                     5996     

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Intraday Tips Updated at: 6:44 PM
 
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